000 nam a22 7a 4500
999 _c61710
_d61702
001 61710
003 MX-TxCIM
005 20200424190325.0
008 200422s2005 be ||||| |||| 00| 0 eng d
040 _aMX-TxCIM
041 _aeng
100 1 _912411
_aBecht, M.
245 1 0 _aCorporate governance and control
260 _aBelgium :
_bECGI,
_c2005.
300 _a122 pages
490 _aECGI Finance Working Paper ;
_vN°. 02/2002
520 _aCorporate governance is concerned with the resolution of collective action problems among dispersed investors and the reconciliation of conflicts of interest between various corporate claimholders. In this survey we review the theoretical and empirical research on the main mechanisms of corporate control, discuss the main legal and regulatory institutions in different countries, and examine the comparative corporate governance literature. A fundamental dilemma of corporate governance emerges from this overview: large shareholder intervention needs to be regulated to guarantee better small investor protection; but this may increase managerial discretion and scope for abuse. Alternative methods of limiting abuse have yet to be proven effective.
546 _aText in English
650 7 _2AGROVOC
_911146
_aGovernance
650 7 _2AGROVOC
_92981
_aOwnership
650 7 _2AGROVOC
_912412
_aBoards (organizations)
700 1 _912413
_aBolton, P.
700 1 _912414
_aRöell, A.
942 _2ddc
_cWP
_n0